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MMA Wagering UnderGround >> Congress on Betting


10/2/06 10:43 PM
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OhhhhMyPlata
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Edited: 02-Oct-06 10:53 PM
Member Since: 09/28/2002
Posts: 1147
Mixed Martial Arts Handicapping
 
Whats the scope on this? Oddessa? Are we all done for?
10/3/06 2:15 AM
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Oddessa
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Edited: 03-Oct-06
Member Since: 06/08/2002
Posts: 7311
JoeyOddessa.com
Nah. IMO just the public traded companies. Its a bank issue. 270 days before anything gets signed, there will be solutions and the private and credit shops will prosper. Better chanvce to have people stop drinking than gambling at this point. Pokers too big. Will know more soon, but no sense being pessimistic about it. Biz as usual.
10/3/06 11:21 AM
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OhhhhMyPlata
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Edited: 03-Oct-06
Member Since: 09/28/2002
Posts: 1148
Mixed Martial Arts Handicapping
let me know about possible loop holes for transfering funds. Will neteller still be able to move funds for you?
10/3/06 2:38 PM
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Oddessa
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Edited: 03-Oct-06
Member Since: 06/08/2002
Posts: 7315
JoeyOddessa.com

Yes, I  dont live in USA so Netteller will always work for me. There will be solutions.  

Solidpay will continue to do tansfers, as will dozens of others. Or you can set up banking in Panama or other CAmer countries thru a corporation.

10/3/06 3:46 PM
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PeterWellington
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Edited: 03-Oct-06
Member Since: 01/01/2001
Posts: 620
Response I got today: ---------- Dear Sir, Thank you for your email. We are aware of the recent action by Congress to pass the Safe Port Act which includes certain provisions to limit the growth of Internet gaming through the restriction of payments to gaming companies. This bill does not expressly make Internet gaming illegal, nor does it look to target players who enjoy gambling online. Instead, it seeks to prevent online players by restricting the methods bettors can use to fund their Internet wagers. Pinnacle Sports is licensed by the Government of the Netherlands Antilles and in our licensing agreement it is a legal requirement that we maintain sufficient funds to be able to honor the winnings of all of our customers at anytime. Pinnacle Sports has earned an industry leading reputation for providing the quickest payouts online and you can rest assured that your winnings will always be paid. You will continue to have access to your funds 24/7. Pinnacle Sports encourages all clients to consult with an independent legal advisor or their local attorney general's office as to the legality of online gaming in their area. Pinnacle Sports has active customers from more than 100 different countries worldwide and we remain committed to providing a safe, secure and rewarding online gaming experience for all of our players. Regards, Customer Service Department Pinnacle Sports

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